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COOPERATIVE

This document discusses cooperatives in the Philippines. It defines a cooperative as a registered association of people with a common interest who voluntarily join together to achieve social, economic, and cultural needs. The document outlines the history of cooperatives in the Philippines, including the Rural Credit Law of 1896 and the Cooperative Marketing Law of 1927. It also discusses some early failures of cooperatives and modern examples like the Metro South Cooperative Bank and ACDI Multipurpose Cooperative. Advantages of cooperatives include buying in bulk, working together to solve problems, and motivating members, while disadvantages can include poor management and capital shortages.

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Giann Lorrenze Famisan Ragat
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76 views15 pages

COOPERATIVE

This document discusses cooperatives in the Philippines. It defines a cooperative as a registered association of people with a common interest who voluntarily join together to achieve social, economic, and cultural needs. The document outlines the history of cooperatives in the Philippines, including the Rural Credit Law of 1896 and the Cooperative Marketing Law of 1927. It also discusses some early failures of cooperatives and modern examples like the Metro South Cooperative Bank and ACDI Multipurpose Cooperative. Advantages of cooperatives include buying in bulk, working together to solve problems, and motivating members, while disadvantages can include poor management and capital shortages.

Uploaded by

Giann Lorrenze Famisan Ragat
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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COOPERATIVE

WHAT IS COOPERATIVE?
It is a duty registered association
of persons with common bond of
interest, voluntarily joining
together to achieve their social,
economic and cultural needs
HISTORY
OF
COOPERATIVES
IN
THE PHILIPPINES
THE RURAL CREDIT LAW

• THE ADMINISTRATION OF THE RURAL


CREDIT LAW WAS ENTRUSTED TO THE
BUREAU OF AGRICULTURE, THE FIRST RURAL
CREDIT ASSOCIATION THAT WAS ORGANIZED
UNDER THIS LAW WAS THE AGRICULTURAL
CREDIT COOPERATIVE ASSOCIATION OF
CABANATUAN, NUEVA ECIJA.

• IT WAS FORMED ON OCTOBER 18, 1996


MARKETING
COOPERATIVE

• THE COOPERATIVE OF MARKETING


LAW (ACT 2425) WAS ENACTED AND
APPROVED ON DECEMBER 9, 1927

• THE RURAL CREDIT ASSOCIATION


WERE DESIGNED TO HELP FINANCE.
THE PRODUCTIVE EFFORTS OF THE
FORMERS
CAUSES OF THE FAILURE OF EARLY
COOPERATIVES IN THE PHILIPPINES
• Incompetent Management
• Defective securities
• Lack of proper understanding of the principles, practices
true aims and purposes of cooperative association
• Improper use of credits by the bonomers who, instead
of using money borrowed for production, spent it for
luxuries
• Political Interference particularly in the collection of
overdue accounts
• Lack of compensation of officers
COMPANY
OF COOPERATIVES
The Metro South Cooperative Bank (MSCB)

It is the only cooperative bank in the National


Capital Region (NCR). It is a unique bank
registered with the Cooperative Development
Authority (CDA) as a cooperative, and with the
Bangko Sentral ng Pilipinas (BSP), as a bank
under the rural banking system. Based in Makati
City, it started its commercial operation in March
24, 1997 soon after the BSP issued a certificate
of authority to the bank to operate as a
cooperative bank pursuant to Republic Act No.
6938 and Monetary Board NO.745.
ACDI Multipurpose Cooperative
• It is the largest cooperative in the country with an
asset base of nearly 12.29 Billion pesos as of
December 2014. In 2015,  they are awarded as the
Gawad Parangal Most Outstanding Cooperative Large
Scale Category by the Cooperative Development
Authority.  This is a statement to the ACDI’s
sustainable growth and contributions to people
empowerment, social development and nation
building
• As of the year 2014, ACDI is operating a total of 80
offices strategically located across the entire
Philippines, a move to make their services closer to
and at the convenience of their members.  Their head
office is situated at BGen. Felix T. Pestana (Ret) Bldg.,
with an Annex at Col. Godofredo M. Juliano Bldg.,
both in Western Bicutan, Taguig City.
DISADVANTAGES

ADVANTAGES
COOPERATIVES
DISADVANTAGES ADVANTAGES
• Poor management skills • Buying in bulk
unless professionals are
• Working together and
employed.
• Capital Shortages because
solve problems and
no sale of shares to the make decisions
non-member general public • Good motivation of all
is allowed members to work hard
• Slow decision making if all as they will benefit from
members are to be shared profits
consulted
THANK
YOU FOR
LISTENING
WE ARE
THE
GROUP 2

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